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Pre-school With Property In Petervale For Sale

Petervale, Gauteng, South Africa
Asking Price:
R5,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R1.5M - R3M
Cash Flow:
R500K - R1.5M

Here is a preschool with property in the upmarket suburb of Petervale looking for someone to give it the same care and attention that the current owner does.

This school is situated on 3,447 square meters of prime property which provides a buyer with plenty of room to expand. The preschool and property are well located in a sought after area that caters for a higher income group.

This preschool has consent for 119 children and there are currently 52 children enrolled at the school. The seller has received a number of new enrolment applications and numbers are sure to grow as the preschool offers a quality early childhood education and development in a nurturing environment.

The asking price for this amazing preschool is R5,5 million being R1.5 million for the operation and R4 million for this prime property.

Property Information

Real Estate:

Real Property Included

Location:

Petervale, Sandton

Premises Details:

Stuated on 3,447 square meters of prime property which provides a buyer with plenty of room to expand.

Size in square feet:
3447 sq meters
Planning Consent:

Yes

Business Operation

Expansion Potential:

Yes

Competition / Market:

Yes

Reasons for selling:

The seller has other business interests

Trading hours:

06h30 to 17h30

Employees:
7
Years established:
2015

Other Information

Support & training:

Yes

Furniture / Fixtures value:
R600,000 - included in the asking price
Inventory / Stock value:
R5,000 - included in the asking price